SOURCE: AmeraMex International

August 18, 2009 13:51 ET

AmeraMex International Provides Update on Africa Developments

CHICO, CA--(Marketwire - August 18, 2009) - AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy equipment to infrastructure construction, stevedoring and mining companies, announced that they have met with Ghana's president, John Atta Mills, and other government officials to review and finalize the MOU outlining a program to rebuild/replace the country's current rail system. Ghana, with a 3.5 percent growth rate, is one of the fastest growing countries in Africa and requires a modern transportation system to efficiently move products and people from city to city.

"The entrepreneurial spirit of the people that I met with and their vigorous pace of business impressed me and should have the same effect on companies looking to expand and invest in Ghana and Nigeria," said AmeraMex CEO Lee Hamre. "We are pleased with the progress made in finalizing a more conclusive MOU for the rail project and believe we will be able to provide an update in the next few weeks."

In addition to the transportation project, AmeraMex, along with the CEO of Idaho-based Walker Farms, presented a proposal outlining an innovative technology plan to better feed the people of Ghana. The proposal not only outlined the equipment required to plant and harvest crops but also provided irrigation designs and natural fertilizers to boost production.

Hamre continued, "We have invited the President and Vice President of Ghana to visit the model 15,000-acre Walker Farm where they can see how wheat, potatoes, corn and barley are grown using the proposed technology to efficiently increase production of locally grown food for the people of Ghana. A formal invitation is being extended to Mr. Mills and Mr. Mahama this week. We believe this proposal will move quickly through the approval process."

President Mills met with President Obama in July at which time President Obama promised to provide West Africa with $3.5 billion to assist in improving farming methodology currently used in Ghana in order to benefit the people of West Africa. A portion of this funding is expected to support the initial phase of the AmeraMex/Walker Farm proposal.

About AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping, mining and logging. AmeraMex's largest product line is specialized container handling equipment that enables stevedoring companies to quickly and efficiently load and offload container and general freight ships dockside. AmeraMex, with customers in North America, South America, Asia, and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment. For more information visit the AmeraMex website, www.AMMX.net.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

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